U.S. same-restaurant sales dipped into negative territory in February for the first time in nine months. A potentially softening U.S. restaurant environment suggests investors need to be even more selective when it comes to choosing restaurant stocks. Morgan Stanley analyst John Glass recently said investors should focus their attention on fast food stocks in 2019.
The bullish move of stocks since late December has certainly been impressive. It does show how quickly sentiment can change. Source: Shutterstock Yet the macroeconomic environment still looks dicey. Some of the recent economic data – such as the jobs numbers and home sales – point to a slowing of the U.S. economy. In the
Over the last four years, Disney (NYSE:DIS) stock has not rewarded the long-term shareholders well enough to get excited about its future prospects. From January 2015 to March 2019, Disney stock has range-traded between a low of $90 and a high of $120. And DIS has mostly underperformed other Dow Jones stocks. However, I believe
The stock market has been a charging bull since 2019 began. Given how 2018 ended, this has been quite a surprise. Much of the selloff was explained by expectations that Q4 wasn’t going to be strong and that growth in 2019 would be diminished. And most of the numbers that are coming in reinforce that view.
Did Tesla (NASDAQ:TSLA) and Tesla stock get a much-needed shot in the arm? Source: Tesla Ford (NYSE:F) CEO Jim Hackett’s heart probably skipped a beat if he was watching Tesla’s reveal of the Model Y SUV. That’s because, during the reveal, CEO Elon Musk predicted that his company would eventually sell more Model Ys than Model
Starbucks (NASDAQ:SBUX) is facing increased competition in its extremely important Chinese market. That’s got owners of Starbucks stock worried. But the owners of Starbucks stock shouldn’t be worried because the increased competition suggests that the Chinese coffee market is becoming healthier. The Chinese Coffee Market Is Hot It is so hot at the moment that
“You can’t teach an old dog new tricks,” as the old saying goes. But can companies that have never embraced technology become the “tech stocks” of the 21st century? Let’s find out … New Technology for This Old Dog Domino’s Pizza (NYSE:DPZ) started in 1963 when Tom Monaghan and his brother took over a restaurant
By market capitalization, Apple (NASDAQ:AAPL) is the second-largest U.S. company, trailing only Microsoft (NASDAQ:MSFT). Apple stock was once the largest, becoming the first stock to sport a market value of $1 trillion, prior to a fourth-quarter decline that saw the stock tumble from a record high of just over $233 to $142. Source: Shutterstock This
U.S. equities are pausing for breath on Thursday, amid nagging concerns about the fate of U.S.-China trade talks and ongoing woes for Boeing (NYSE:BA) after President Trump grounded the 787 MAX — becoming the last country to do so after two fatal crashes of similar circumstances in the last five months. The drag on the
Tobacco stocks recently took a dive on news of the latest Food and Drug Administration (FDA) hire. Investors sold these stocks off as Health and Human Services (HHS) secretary Alex Azar named National Cancer Institute director Ned Sharpless as the interim head of the FDA. Tobacco stocks had initially risen upon news of the resignation
Momo (NASDAQ:MOMO) stock popped on Tuesday, after the Chinese social-networking giant reported fourth-quarter numbers which easily topped expectations. Source: Shutterstock MOMO also delivered far-above-consensus first-quarter revenue guidance. Investors celebrated the strong numbers, and MOMO stock jumped more than 10% in response to the news. In the big picture, there were a lot of positives in
Since mid-February, when Take-Two Interactive (NASDAQ: TTWO) reported fiscal third-quarter earnings that included weaker-than-expected quarterly guidance, Take-Two stock has been trading close to its 52-week lows. Investors ignored strong demand for the company’s hot games like Dead Red Redemption, Grand Theft Auto, and NBA 2K. Instead, they worried about rising operating costs and potential competition
Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) are following completely opposite strategies for accelerating their growth. Amazon’s strategy looks poised to be much more beneficial for Amazon stock than Apple’s strategy will be for Apple stock. Source: Shutterstock By selling more smart speakers and other smart-home devices, Amazon is seeking to greatly improve its consumer-electronics
One of my favorite stocks on Wall Street is digital education platform Chegg (NYSE::CHGG). The bull thesis on Chegg stock is simple. The world is becoming more digital than ever. This includes the education sector. But, there is currently no at-scale, uniform, low-cost provider of digital education services globally for high school and college students.
U.S. equities are extending their bounce higher on Wednesday, moving back over major technical resistance levels as the S&P 500 pushes up and over the 2,800 level it has been toying with since late February and has proved intractable since October. If the bulls can hold above this level, a push to prior highs could
2019 has been a good year for stocks, with the major averages up more than 10% so far this year. It’s also been a good year for Disney (NYSE:DIS) stock, which is up 4% in 2019. Source: Shutterstock That may seem like a small rally relative to other stocks. It is. But, considering that DIS
Grocery stocks trade in a competitive, low-margin business. The average grocer sees a profit margin falling between 1% and 2%. Although that margin can rise as high as 6% for organic grocers, difficulties remain. Despite the struggles to profit, grocery stocks have attracted a great deal of interest. The Amazon (NASDAQ:AMZN) purchase of Whole Foods
Target (NYSE:TGT) CEO Brian Cornell was hired by the Minneapolis-based retailer on July 31, 2014. Since then, Target stock is up 46%. Not bad for a company that was thought to be losing the discount war to companies like Walmart (NYSE:WMT) when the former head of PepsiCo’s (NASDAQ:PEP) global food business took the job. Year
In early 2019, I wrote in an InvestorPlace gallery about why housing stocks would be a good place to park your money in the new year. The thesis was pretty simple. Improving economic and housing sector fundamentals, coupled with oversold conditions, created a golden buying opportunity in overly beaten up housing stocks in early 2019.
Shares of Stitch Fix (NASDAQ:SFIX) soared on Tuesday after the personalized e-commerce retailer reported second-quarter numbers that smashed expectations across the board. Management also hiked the fiscal 2019 guide to far above consensus levels. The double whammy of good news was celebrated by investors, and SFIX stock popped more than 25% in response. To be